Media M&A activity in 2012 doubled

Posted on: 01/02/13

New York—Media mergers and acquisitions reached 1,351 transactions last year, double the number in 2011, with a total value of almost $75.0 billion, according to media investment firm Jordan, Edmiston Group. The record-setting volume was driven primarily by smaller deals, with approximately...

Penske Media acquires "Variety,' plans to tear down pay wall on brand's website

Posted on: 11/02/12

It's going to be a different Variety.Penske Media Corp., which owns Deadline.com, early last month announced that it had purchased the 107-year-old trade publication that covers Hollywood from Reed Business Information. RBI, which had owned Variety since 1987, put the property back into play in...

New watchword is 'precision M&A'

Posted on: 09/14/12

Chuck Richard is VP-lead analyst at media research company Outsell Inc.Media Business: What do you think the level of media M&A activity will be for the remainder of the year? Chuck Richard: We're in an upswing, and I particularly describe the period we're in as a period of “precision M&A....

Media Rating Council grants accreditation to five additional markets

Posted on: 07/19/12

Columbia, Md.—Arbitron Inc. announced that the Media Rating Council (MRC) has extended accreditation of the radio average-quarter-hour monthly ratings data produced by the Portable People Meter ratings service to five additional markets. The markets are: Baltimore; Los Angeles; Riverside-San...